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    2 Bedroom Penthouse for sale at Living Residence Phuket
    Wichit, Phuket Town,Phuket
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    Sale Price
    ฿5,135,000
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    2 Bedroom Penthouse for sale at Living Residence Phuket
    (2 Reviews)
    Unit ID: U25046
    Wichit, Phuket Town,Phuket
    ฿5,135,000 Great Price
    2 Bedrooms
    2
    Bathrooms
    79 SqM
    Size
    6
    Floor
    Dec 2013
    Completed
    14
    Sale Price
    ฿5,135,000
    Great Price

    About This Penthouse

    This property is a 79 SqM penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Living Residence Phuket project in Wichit, Phuket and was completed in Dec 2013. You can buy this penthouse for a base price of ฿5,135,000 (฿65,000/SqM).

    Quality Living in Phuket? Invest in This Penthouse!

    This penthouse apartment situated in the Living Residence Phuket project in Wichit, Phuket is sure to impress. Offering 79 SqM of living space, this property comprises of two bedrooms and two bathrooms and was completed in Dec 2013. You can be the proud owner of this penthouse for a base price of ฿5,135,000 (฿65,000/SqM). It provides the perfect home for any buyer looking for intuitively designed, quality living space on a budget. Boasting a convenient location in close proximity to local amenities such as restaurants, supermarkets, banks and more, this penthouse is perfect for those who wish to invest and live in the ever-growing Phuket real estate market.The detailing and design of the apartment provide modern comforts while keeping with the local charm and culture. The flooring is fitted with stylish ceramic tiling, the kitchen is contemporary and well-equipped, and both the bathrooms are fitted in traditional and modern fixtures. The luxurious outdoor space has a private balcony while the common area facilities provided by the development are second to none. Whether its a refreshing dip in the communal pool or the well-equipped gym, residents of this property can always enjoy great recreational space. This penthouse is a fine example of modern-day living, offering both comfort and convenience at a cost-effective price. If you find yourself in the market for a quality property in the Phuket region, then this penthouse apartment should be at the top of any list. Enquire today and take the first steps to owning this desirable residence.

    Basic Information

    Date Listed Mar 14, 2017
    Updated 3 years ago
    Property Type Penthouse
    Floor 6
    Bedrooms 2
    Size 79 SqM
    Price per SqM ฿65,000
    Pets Not Allowed
    Penthouse Ownership

    Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

    N/A
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) N/A
    Unit Type 2BR
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿3,950/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U25046

    Price Analysis

    Great Price
    Estimated market value ฿6,019,842
    Great
    ฿5,190,000
    Good
    Fair
    Above
    ฿5,630,000
    Current asking Price: ฿5,135,000
    This penthouse is ฿884,842 BELOW MARKET (-15%) in the Phuket area. It is analyzed against similar penthouses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
    Powered by FazWaz AVM

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,135,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿3,950/mo

    Project Details

    Project Name: Living Residence Phuket
    Developer: N/A
    Construction: Completed (Dec 2013)
    Floors: 6
    Buildings: N/A
    Units: 19
    Project Area: N/A
    Nearest Landmark Central Floresta - 2.4 Km
    Location: Wichit, Phuket
    Living Residence Phuket Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Living Residence Phuket

    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Living Residence Phuket
    View All (12)

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    Frequently Asked Questions

    The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿3,950 for this penthouse. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Living Residence Phuket the required payment for the sinking fund is ฿5 per square meter based on the size of the indoor area of the property.
    Central Floresta is the nearest Shopping Mall from Living Residence Phuket and it is 2.4 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Living Residence Phuket you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

    Sale Price : ฿5,759,000
    FazWaz Estimate : ฿5,550,000
    Price Rating : Great Price
    Sale Price : ฿12,140,999
    FazWaz Estimate : ฿11,990,999
    Price Rating : Great Price
    Sale Price : ฿1299,999
    FazWaz Estimate : ฿179,999
    Price Rating : Overpriced
    Sale Price : ฿159,999
    FazWaz Estimate : ฿149,999
    Price Rating : Fair Price

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    Reviews

    3.7 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Convenient transportation near Central Phuket
    Mozelle Avina, France, 4 years ago
    Located in a convenient area for shopping, close to Central Phuket. Many routes are easily accessible and very convenient for traveling. The project site is pleasant, with a beautiful swimming pool. The surrounding is a tranquil and excellent security system. The furniture in the room is standardized, not luxurious, focusing on simple style and usable. It's considered to match the residents' needs like me perfectly.
    Nice property, near the park
    Wasinon R., Thailand, 4 years ago
    A good place to stay if you are a person who loves to exercise. The project is only a few hundred meters away from the park. Also, it is near the local community. There is a fresh market, restaurants, and shops, and Family Mart in front of the alley. The atmosphere is quiet. Easy to travel to Kathu or Phuket Town. My room is a 1-bed unit for monthly rental. It is a big room, but not in a new condition. Some of the furniture is a bit old. There is a parking lot and a lovely pool to relax in during your leisure time. The staff is friendly. Feel comfortable here! ^^
    Phuket
    Wichit

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